Global investment major Blackstone Group has set up a separate India-dedicated platform, Horizon Industrial Parks, to house its 24 million sq ft logistics and warehousing assets and support its rapidly expanding logistics footprint across the country.
Logistics is one of the biggest asset classes for Blackstone globally as it is the largest owner of warehousing spaces. It has so far invested over $55 billion in this segment and owns more than 575 million sq ft of warehouse space world-wide.
Blackstone has emerged as the most aggressive institutional investor in India with overall assets under management estimated to be $60 billion across various sectors, making it one of the top 10 business groups in the country. Real estate accounts for nearly $20 billion of this market value across over 40 investments.
Read more: The Economic Times
